Employers are increasingly deciding that the safest course of action is to assume annual pension contribution allowances are limited to £10,000 for higher paid staff to avoid the risk of unexpected tax charges, leading employee benefits consultancy Portus warns. It says employers are worried their staff could face tax charges before it is too late […]

A new retirement report by insurance provider Royal London warns that those entering the workforce now will have no choice but to work into their late 70s in order to retire with a similar pension to their parents’ generation. The study, titled The Death of Retirement, looks at how long people will have to remain […]

Two-thirds of UK workers are now saving through workplace pensions, thanks to automatic pension enrolment, but seven in 10 employers are feeling the impact in cost terms. While the focus must remain on encouraging employees to save into a workplace pension, the pressure is on for employers to improve productivity before other elements of the […]